MetaProp Selects Home-Rental Company Spleet for 2021 Accelerator Program
By Celia Young July 23, 2021 9:46 am
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Venture capital firm MetaProp has selected home-rental company Spleet — which offers home-sharing in three countries on the African continent — for MetaProp’s 2021 Accelerator program at Columbia University, Commercial Observer has learned.
Spleet, headed by CEO Akintola Adesanmi, allows users to rent or book fully furnished homes in the Federal Republic of Nigeria, the Republic of Ghana and the Republic of Kenya, according to its website. The rental service has amassed more than 100 hosts since October 2017 with more than 200 listings.
“We as a firm are really excited about the burgeoning proptech industry in Nigeria,” Zach Aarons, co-founder of MetaProp, told CO. “There’s a huge Nigerian diaspora population here in New York, where the accelerator program is. So, it’s a really good way for Spleet, which is primarily focused on the African market, to interact with a lot of the global real estate and capital market players that are based here.”
MetaProp, an early-stage proptech investor, also selected three other startups to take part in its 2021 accelerator program at Columbia: bed rental company Stay Open, residential property application Sugar Living, and carpenter hiring platform Skillit, Aarons said. Applications for the program remain open for the next week, according to the company’s website.
Spleet was chosen in early July and will join the other startups in September for the hybrid (part in-person, part virtual) program. Aarons hopes that the program will help Spleet and the other companies gain more access to the global real estate world.
MetaProp helps sponsor new real estate tech startups through its accelerator program and also provides advisory services to more established, traditional companies looking to expand their know-how on the world of real estate tech, CO reported. The program offers participants up to $250,000 in fundraising, along with a 22-week course in how to grow their business and mentoring.
Celia Young can be reached at cyoung@commercialobserver.com.
